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The London Borough of Haringey is one of the most diverse areas in London in many different ways. Home to many of London’s great landmarks, like Alexandra Palace and Tottenham Hotspur Football Club, Haringey continues to stir up interest to those wanting to move to North London.
However, even if you have enjoyed living in the borough, you may be looking to move. So, what can you expect when selling your home in Haringey?
Looking to sell your Haringey home?
Your asking price will fluctuate vastly depending on the type of property you own. Prices for detached homes in Haringey have increased by 51% in the last year alone. You can now expect to reach an average asking price of £1,932,500 for a detached home, up from £1,280,408 last year.
This is primarily due to the number of detached properties that are now available on the market – these properties are now in high demand as detached homes for sale in the area has fallen by 75% in the last year. Flats have also increased in value by 33% over the last year, now going for an average price of £722,114.
Looking to rent your home?
If you're moving away but looking to rent out your property, you can expect to reach an average price of £1,881 PCM.
Two bedroom flats are most in demand on the rental market in Haringey, which will usually reach a price of £1,450 PCM.
Houses will achieve the highest monthly profit at around £1,949 while single rooms will bring in £661 per month.
Buyer demographic in Haringey?
You will likely see interest from professionals and young families in their mid-thirties. The average age for the area is 34, with most people taking up jobs in management, administration, business, media and skilled trades.
Property in Haringey normally sells within 69 days of being advertised. Detached properties generally take the most amount of time to sell, at 161 days on average.
That said, semi-detached properties seem to be the quickest to sell in the borough, taking only 58 days before selling.
Similar locations to Haringey
The London Borough of Haringey is in good proximity to the city centre and provides great culture and arts to those that live in the area. If you are looking to move somewhere similar to Haringey, you might consider moving to Islington.
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